SWAP

GoldCoinLover · October 1, 2005 2:20PM

I am possibly doing a swap 1 PCGS MS69 american eagle and 1 NGC MS69 american eagle dates 1998 and 2002 for this:
SPAIN

Gold half-escudo, 1745-AJ, VG10. KM361.1, .917 gold, .0498 oz. Philip V. Crowned "M" mintmark (Madrid). 1/16 of a "doubloon". Nice little historical gold coin. Past provenance indicated the coin was salvaged from a shipwreck, though this is not particularly noticeable, nor was the name of the wreck given. (WCS-001V) $90.00

ISLE OF MAN

Gold half-sovereign, 1977, BU (MS65+). KM26, .917 gold/.1173 oz. Reverse: mounted warrior with sword. In Air-Tite holder. (WCI-012V) $65.00

What do you think of this? Is this a good swap for both of us?

Emperor · October 1, 2005 7:19PM

I don't post here often, but from what I've seen I doubt very much that Lord Marcovan is in the business of swindling 17 year olds.

oldshep · October 1, 2005 11:19PM

GLC - Take this advice to the bank...You do not have to question Lord Marcs motives or fairness, he is one of the rocks of this forum and I am sure he is trying to help you out and give you the experience of the horse trading that sometimes goes on on this forum. You have no need for worries about getting screwed.
Please just accept this advice and let it drop.
Shep

Aethelred · October 1, 2005 11:27PM

What size GAEs are those?

Also to be sure I understand, are you are getting the Spanish coin and the IOM coin for the two GAEs? If so you are getting the better end of the deal by far!

dougwtx · October 1, 2005 11:46PM

GCL - Don't take this as a flame, but some friendly advice. I done biz w/ lordm and doubt he will "cheat" you. But... if you have to question whether a swap is a good deal or not, then it sounds like you need to do a lot more research/studying. You should know the value of the coins in question before any buying/swapping. You can do cat-to-cat value trades, but when you get into higher end stuff, then you have to consider market value/trends and adjust accordingly. Knowledge is most everything. Just my opinion.

coinpictures · October 2, 2005 12:44AM

I concur. Before you start calling out one of the most established forum members (and the implications therein), you need to do a heck of a lot more learning.

If YOU don't know whether or not the trade is a good one, than YOU SHOULD NOT BE DOING IT. The fact that you are so uncertain about what you are buying, whom you are buying from, and what you are attempting to trade, means you have no business engaging in ANY of those activities until you learn more.

Also, I think it would have been in much better taste to NOT mention the other party's name when inquiring about whether a trade is "good" or not. People are more likely to give candid advice (both pro and con) when they do not know the identity of the other trader. Not only that, but it is impolite to drag the other party out into the public before the trade is consumated.

(revealing unresolvable trade/sale problems after-the-fact is a different matter, but in this case there's no reason to reveal the identity of the other partner in the trade).

You have been openly questioning every single purchase or trade you've been involved in for the last month. I don't know if it's premature buyer's remorse, or that you're so unsure of your knowledge in this arena, but if it's the latter, you need to stop buying and trading entirely until either (1) you feel you've learned enough to KNOW that your trades and purchases are good ones, or (2) you're financially secure enough that one or two bad purchases or trades won't kill you.

You're going to mistakes. We all do (see my thread from Thursday about the boneheaded bid I made on a coin). If making such a mistake is going to devastate you either financially or mentally, then you should NOT be doing this... take up quilting.

It may sound harsh, but I'm trying to be candid.

-Dan

AuldFartte · October 2, 2005 2:12AM

I'm sorry, kid, but I just have to ...

That is a miserable, backhanded way of attempting to impune someone's reputation, and I, for one, resent the hell out of it. LordMarcovan is one of the finest people you will EVER have the privilege of "knowing", if only in cyberspace, and you need to learn some tact, some diplomacy, and, above all else, YOU NEED TO FREAKIN' GROW UP !!!

To the rest of you, my apologies for "losing it". God, I detest trolls

SYRACUSIAN · October 2, 2005 2:43AM

You're giving away two bullion coins in plastic, 69 does not mean much here, the vast majority of these achieves this grade, for two real coins, one of which 250+ years old. What is there to think about?

Spending some time reading about the historical events that took place during that time in that particular country, or who Philip V was, instead of the Nice little historical gold coin type of comments would be an even better idea.

1jester · October 2, 2005 2:53AM

<< You're giving away two bullion coins in plastic, 69 does not mean much here, the vast majority of these achieves this grade, for two real coins, one of which 250+ years old. What is there to think about?

Spending some time reading about the historical events that took place during that time in that particular country, or who Philip V was, instead of the Nice little historical gold coin type of comments would be an even better idea. >>

I couldn't agree more. Do the deal ASAP before LoweredMiniVan retracts his offer. Nothing to think about here; MiLord is giving you a great bonus because of the slabs (which he can likely turn over quickly, thus helping him), and you're getting a wonderful old original problem-free gold coin with nice patina and toning, PLUS a neat bullion coin that is definitely less common than the ones you're giving up.

lordmarcovan · October 2, 2005 3:11AM

Guys, there's no need to defend me here. I told GCL he could ask for advice on the swap.

The swap is of no great importance to me one way or the other- his two 1/10 oz slabbed MS69 GAE's would probably be a fair trade for my two Darkside gold coins as far as I am concerned, but he needs to decide if my two coins are worth it to him, so don't fault him for asking questions just this once.

Unless he starts whining or insulting people.

GCL, the two coins on your end of this possible trade are certified United States coins while the two on my end of the trade are raw and "foreign". You do have to ask yourself if you are comfortable with that. The slabbed US coins are certainly easier to sell. But the world coins are a little more interesting, and at least in the case of the Spanish one, a little more historical.

If you are wanting an "investment" you should probably leave my coins alone and keep the two you have. If you wish to collect for the sake of the historical interest and education, then the trade might be a good one for you.

It's really up to you.

spoon · October 2, 2005 3:25AM

What do I think??

I think you should try making a decision on your own for once.

(This is why you annoy people. Patience only goes so far. We've repeatedly recommended to you all the resources you need to make these decisions. USE THEM!)

GoldCoinLover · October 2, 2005 4:48AM

<< I'm sorry, kid, but I just have to ...

That is a miserable, backhanded way of attempting to impune someone's reputation, and I, for one, resent the hell out of it. LordMarcovan is one of the finest people you will EVER have the privilege of "knowing", if only in cyberspace, and you need to learn some tact, some diplomacy, and, above all else, YOU NEED TO FREAKIN' GROW UP !!!

To the rest of you, my apologies for "losing it". God, I detest trolls

>>

1jester · October 2, 2005 5:09AM

I don't think GCL was purposely trying to call LordM's reputation into question. I think GCL is a tad inexperienced, and didn't mean any harm.

That said, it's a good idea to try to maintain privacy, as well as to follow the advice that is given out here. There's something to be said for double and triple checking things, but as Spoon says, you have to make a decision once in a while. Don't worry too much about it, just do it as Nike says. What doesn't kill you will make you stronger. Learn to trust your instincts and experience, and in lieu of that, trust the experience of other more knowledgeable folks who are trying to help, all of whom on this particular forum fall into that category.

Happy Collecting!!

MadMarty · October 2, 2005 5:09AM

Lord M. is a great guy! Just don't have him pay you in peanuts!!!

Aethelred · October 2, 2005 5:16AM

To add to what Jester said, you will make mistakes, we all do and sometimes they are big ones. As long as you learn from it there is no shame in an error of judgment (unless you are married and your wife finds out).

1jester · October 2, 2005 5:55AM

<< To add to what Jester said, you will make mistakes, we all do and sometimes they are big ones. As long as you learn from it there is no shame in an error of judgment (unless you are married and your wife finds out).

>>

GoldCoinLover · October 2, 2005 5:59AM

My mom thinks its a bad trade because mexican gold is mexican and because mexico is a third world country.

Blackhawk · October 2, 2005 6:06AM

Yeah, who'd want to collect coins from a different country...yechhh.

SYRACUSIAN · October 2, 2005 6:11AM

No Bill, you didn't get it right. This is a big investment opportunity, I would have never thought that Mexican gold is cheaper than other countries' gold. And all this time I thought it was about the fineness!

1jester · October 2, 2005 6:19AM

If Mexican gold was so bad, then I suppose hundreds of years of colonialism was misplaced...

Besides, the coin is Spanish, not Mexican. The gold might very well be from Mexico, however.

GCL, forget what your mom says.

GoldCoinLover · October 2, 2005 6:37AM

lordmarcovan · October 2, 2005 7:09AM

<< > Hi, I have 2 questions for you then
> When did you send the coin out? (Did you send it out
> yet?) When should I get it? (I live in AZ) >>

Is this you talking to Clark Smith?

Poor Mr. Smith. I remember when I sold you that little gold fanam- I was about to go nuts with you PM'ing me every day, freakin' out, sayin', "It's not here yet!! It's not here yet!! When did you send it?! It's not here yet!"

The US Mail takes time. You need to take a chill pill, 'cause I ain't gonna put up with that if we do trade, GCL. If you haven't seen the coins in three weeks, THEN you have a right to be a little nervous, but, geez!

<< $90 is cheap for a 1745 1/2 Escudo with no damage.

I don't need a picture. >>

What is that, Clark Smith responding to you?

GoldCoinLover · October 2, 2005 7:56AM

<< What is that, Clark Smith responding to you? >>

yes. He's happy to answer any coin question just not anything to do with the coin i ordered from him. Guess he's pretty worn out by now. I wouldnt blame him. I won't bug you lordmar. Just tell me when you sent it and I'll be fine. I'll only ask once.

Russ · October 2, 2005 8:03AM

There is no way in hell I'd do any kind of deal with this kid. He's just a massive headache waiting to happen.

Russ, NCNE

lordmarcovan · October 2, 2005 8:07AM

<< My mom thinks its a bad trade because mexican gold is mexican and because mexico is a third world country. >>

newsman · October 2, 2005 8:09AM

If there's anyone here who doesn't like to hold "Third World" gold, my refugee camp is open. I won't even charge for taking it off your hands.

coinpictures · October 2, 2005 8:14AM

<< There is no way in hell I'd do any kind of deal with this kid. He's just a massive headache waiting to happen.

Russ, NCNE >>

No. Apparently it's two headaches waiting to happen, if mommy doesn't like the trade...

ormandh · October 2, 2005 8:17AM

edited to be civil. -Dan

GoldCoinLover · October 2, 2005 8:22AM

GoldCoinLover · October 2, 2005 8:23AM

wybrit · October 2, 2005 8:45AM

Let this ugly thread die, please.

Thank you.

Spiffy469 · October 2, 2005 8:47AM

no kidding

GCL is a TROLL!

spoon · October 2, 2005 8:54AM

<< If there's anyone here who doesn't like to hold "Third World" gold, my refugee camp is open. I won't even charge for taking it off your hands.

>>

Asylum applications to the Spoon Collection are accepted by PM. I can tell you there is very high approval rate.

laurentyvan · October 3, 2005 12:45AM

Let this ugly thread die, please... my sentiments as well. But, GCL has been a thorn in the side of many forum members who have done their best to intereact with GCL on a professional, advisory basis, giving him the truth (as we see it). There is no end to his worrisome, bothersome, uncertain antics.

If he is who he claims to be, (a young beginning collector) you are the biggest pain in the arse I have ever seen.

I have attempted to treat with you in the past and have been sorry for it. I have attempted to distance myself from you, but you continue to PM me and post questions and threads addressed to me personally (very rude), but despite the lack of response on my side, you persist in your attempts to annoy me. Yes annoy. Life is too short to put up with your BS.

When someone answers your pitiful queries you put them through hell -you never listen to advice. When you do receive advice you ignore it, or ask the same question publicly that you received advice on privately, disregarding the good intentions of long-time members. This is not guaranteed to endear you to us.

There is an onus on the part of forum members to respond to collectors of all stripes, novices or experts. These queries are responded to with the best of intentions, but you strip away the flesh of patience which we all wear (to an extraordinary degree) in your case.

Please cease and desist.

I do not, however, believe that you will do so-you are too awkwardly persistent. Please, please reform or you may become subject to LordM's (as he put it in the past in reference to another troll), "persistent ignore", sorry for the bad english.

I do not like to criticise very often, but you do take the cake...

Edited for spelling

SWAP

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